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Hungary: 2014 bodes well for hoteliers

3 min reading time

Published on 25/09/14 - Updated on 17/03/22

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Lac Balaton, Hongrie

In the first 8 months of the year 2014, Hungary’s hotel activity posts the best increase in RevPAR in Europe, thanks in particular to its hosting of international events and a favorable domestic and European economic situation that allowed average daily rates to climb.

From January to August 2014, Hungary saw its occupancy rate increase by 2 points over the previous year, to reach 68.3% or a higher level than that of older tourist destinations such as Spain, Portugal and even the Czech Republic. Moreover, continuing the growth trend observed since 2010, the...

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